Which of the following statements is FALSE?
A) The Vorstand of a German corporation makes decisions about organization direction and management.
B) The Vorstand is elected by the firm's employees.
C) Membership of U.S. boards of directors is less directly influenced by the company's employees than is the membership of German Aufsichsrat.
D) Banks have less influence on the governance of German corporations than they do on U.S. corporations.
Correct Answer:
Verified
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